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Flex Ltd. FLEX Accrued Expenses

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Other financials

Income statement

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Revenue$7.9B+20.6%
Gross profit$747.0M+27.0%
Operating income$392.0M+26.0%
Net income$285.0M+48.4%
EPS (diluted)$0.76+52.0%

Balance sheet

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Cash & equivalents$2.8B+26.8%
Total debt$5.9B+39.1%
Total equity$5.5B+8.1%
Total assets$25.2B+31.7%

Cash flow

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Operating cash flow$276.0M-30.8%
CapEx$236.0M+77.4%
Free cash flow$40.0M-85.0%

Valuation

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Market cap$45.02B+141%
Enterprise value$48.11B+132%
P/E46.3×+25.3×
P/S1.5×+0.8×

Profitability

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Gross margin9.5%+0.7pp
Operating margin5%+0.2pp
Net margin3.3%-0.1pp
FCF margin2.8%-1.4pp

Returns & leverage

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Return on equity18.4%+0.7pp
Debt / equity1.1×+0.2×
Current ratio1.4×0.0×

Where this comes from

Reported directly by Flex Ltd. in its filing.

Tagged under the XBRL concept us-gaap:EmployeeRelatedLiabilitiesCurrent.

The source filing: Flex Ltd.’s 10-K, filed May 20, 2026.

Filed
May 20, 2026, 5:00 PM EDT
Fiscal year
FY2026
Accession
0000866374-26-000012
Line itemAs of March 31, 2026As of March 31, 2025
Current liabilities:
Bank borrowings and current portion of long-term debt$1,209
Accounts payable8,0555,147
Accrued payroll and benefits671560
Deferred revenue and customer working capital advances2,1561,957
Other current liabilities1,134977
Total current liabilities12,0169,850
Long-term debt, net of current portion3,7512,483

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Flex Ltd.'s accrued expenses?
Flex Ltd. (FLEX) reported accrued expenses of $671M in Q1 2026.
What does accrued expenses mean?
Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

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